CoinShares: Last week, net inflows into digital asset investment products reached $1.98 billion

According to the latest weekly report from CoinShares, digital asset investment products received an inflow of $1.98 billion last week, marking a five-week streak and setting a new high for this year with a total inflow of $31.3 billion. With the price increase last week, the global assets under management also reached a historical high of $116 billion. Trading volume increased by $20 billion, which is not a new high but it's the highest level since April this year. Bitcoin saw an inflow of $1.8 billion, reaching an influx of $9 billion since September when the Federal Reserve first cut interest rates. The favorable macro environment and dramatic changes in the US political system may be why investor sentiment is so optimistic.